IRS Failure To Deposit Payroll Penalty Abatement Software

Abate IRS Failure To Deposit penalties

Substantially Reduce Failure To Deposit Penalties

One in three businesses pays a penalty each year for not making their deposits on time. The shocking
fact is that taxpayers are being significantly overcharged by the IRS. PayrollPenalty Failure To Deposit (FTD)
penalty abatement software can help you substantially reduce the penalty.

The Results Speak For Themselves

Thousands of customers have saved hundreds of millions of dollars. Yes, hundreds of millions of dollars

“I used the program's computations as an alternative to the assessed amounts, which turned out to be about 50% of what the IRS was demanding.”

— R. Cantu, Attorney

“I sent in over 25 cases with 100% acceptance. Within about 6 weeks my penalties were abated.”

— K. Henderson, Accountant

“I have already had a couple cases where we have saved the client over $1,000. One saved nearly $2,000. My clients love it!”

— J. Burns, CPA

One in three businesses each year paid a penalty for not making their deposits on time. The IRS uses only one method to calculate the penalties for Failure To Deposit and it is not in the taxpayer’s best interest.­

Explore PayrollPenalty

The PayrollPenalty interface makes your task simple, just a few easy steps. Input your liabilities and your
deposits and PayrollPenalty will do the rest and calculate the lowest possible penalty.
Simple as 1-2-3, with Guaranteed Acceptance.

PayrollPenalty Leads You Through The Steps To Abate Your Penalty!

Pick IRS Form

Choose the quarter and year from the list of IRS forms to start the process.

Enter Liabilities and Deposits

Just enter your liabilities from your IRS form and your deposits from your Notice. It is that easy.

Watch a Short Video on the Capabilities of PayrollPenalty Software

Pricing

(PayrollPenalty is an annual subscription and includes updates and unlimited support for one year. The subscription renewal is billed one year after purchase at $99 per user.)

*If you are also dealing with interest and penalties on your IRS payroll taxes and need to reconcile them, contact a TimeValue Software customer support representative or consider Tax941 IRS payroll tax interest, penalty and forms software.All TimeValue Software products come with a one year money-back guarantee, so your purchase is risk free.

Frequently Asked Questions

Does the IRS have to accept the deposit reallocation?

Yes, they do. It is the law. PayrollPenalty’s payment allocation methodology complies with all legislative and regulatory rules. It reduces penalties by using a pro-taxpayer strategy for designating how deposits should be applied. The authority for designating deposits is found in the 1998 IRS Reform and Restructuring bill.

Do I have to have to make deposits?

Yes. The program reallocates the deposits that were made so you must have deposits to do so and you must have more than one deposit to reallocate.

Should I pay the balance on the IRS Notice before filing the deposit reallocation with PayrollPenalty?

We have talked to numerous IRS agents and they highly recommend paying the amount due and then filing for the deposit reallocation to abate the Failure To Deposit penalty. The reason is once it is approved, you will get refunded the difference. If it goes to collection, it could get ugly and would be harder to stop.